23108 Pilgrim AveHazel ParkMI48030
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hazel Park at 23108 Pilgrim Ave, Hazel Park, MI, 48030 earns $333/mo cash flow from $1,520/mo rent with a $881/mo payment. Total monthly income totals $1,520/mo, and annual cash flow totals $3,998/yr on $59,637 capital. ROI tracks 26.61% on current figures, and rental yield reads 10.14% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 139.38% and total cumulative return in cash sums $83,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,520/mo property income instead of your personal income.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kyle Pearson • Real Estate One Port Huron
Mls Name: MiRealSource
Mls ID: #50194967